Sequoia Econ Infra - Californian License

Sequoia Economic Infrastructure Income Fund

16/07/2024 07:00

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RNS Number : 4862W  Sequoia Economic Infra Inc Fd Ld  16 July 2024

16 July 2024

 

Sequoia Economic Infrastructure Income Fund Limited

(the "Company")

 

Californian License

The Board of SEQI, the specialist investor in economic infrastructure debt,
is pleased to announce that its wholly-owned subsidiary, Sequoia IDF Holdings
S.A., has received a finance lender license under the Californian Financing
Law. This will enable the Company to greatly increase the scope of its current
pipeline of opportunities in California, and provides the Company with a
competitive advantage over non-licenced lenders.

 

California is one of the largest and fastest-growing markets for
infrastructure finance in the US and, were it a country, would rank as the
world's fifth largest economy. Target sectors for the Company in California
include energy transition (including renewable energy), digitalisation and
transport infrastructure.

For further information, please contact:

 Sequoia Investment Management Company                                       +44 (0) 20 7079 0480

 Steve Cook

 Dolf Kohnhorst

 Randall Sandstrom

 Anurag Gupta

 Jefferies International Limited (Corporate Broker & Financial Adviser)      +44 (0) 20 7029 8000

 Gaudi Le Roux

 Stuart Klein

 Teneo (Financial PR)                                                        +44 (0) 20 7353 4200

 Martin Pengelley

 Elizabeth Snow

 Sanne Fund Services (Guernsey) Limited (Company Secretary)                  +44 (0) 20 3530 3107

 Matt Falla

 Devon Jenkins

About Sequoia Economic Infrastructure Income Fund Limited

 

The Company is a Guernsey registered closed-ended investment company that
seeks to provide investors with regular, sustained, long-term distributions
and capital appreciation from a diversified portfolio of senior and
subordinated economic infrastructure debt investments. The Company is advised
by Sequoia Investment Management Company Limited.

 

LEI: 2138006OW12FQHJ6PX91

 

 

 

 

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